Benefit from extended payment terms, while your suppliers get paid on time.
Improve cash flow
Fund up to 100% of the value of eligible supplier invoices
Propose early settlement discounts to your suppliers or take advantage of early settlement discounts offered
Suppliers can be funded within 24 hours of a payment request
Enter your details below to apply for supplier finance.
What is Supplier Finance?
Supplier Finance allows businesses to pay their suppliers without any delay, limiting disruption in the production and delivery schedule. Businesses can also benefit from early payment discounts offered by Suppliers.
This solution provides extra working capital to businesses enabling them to settle their supplier invoices before they receive invoice payments from their customers.
How it works
Purchase goods & receive your Supplier invoice
Load the invoice into your accounting system.
Offer early payment to your Supplier
Agree early settlement discount terms.
Spenda pays selected invoices
Spenda advances up to 100% of the invoice value to the supplier.
The advance is repaid
Repayment is made from your customer receipts at an agreed time.
We can help you gain an advantage in volume negotiations without the cash flow challenges, and benefit from discounts offered by suppliers in exchange for early payment. Accessing a Supplier Finance facility also gives you access to funds to enter into early settlement discount negotiations with your supplier and better your trading terms.
OPTIMISE WORKING CAPITAL
Improve your cash flow position
Lengthen invoice payment terms from your suppliers while strengthening your cash flow position. Meanwhile, your suppliers get their money faster. It’s a win-win for both trading partners.
STRENGHTEN SUPPLIER RELATIONSHIPS
Promotes supply chain stability
Ensuring your supplier invoices are paid on time helps to minimise credit pressure and reduces supply chain friction. Your supplier will be paid in a matter of days after submitting an invoice, helping to improve their cash conversion cycle, which also fosters stronger trading relationships.
Become a preferred buyer
Having funds available to pay your suppliers on time or even early improves your credit rating with your trading partners.